USD\/JPY\ub294 \ubaa9\uc694\uc77c 156.30\uc120 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub418\uba70 0.05% \ud558\ub77d\ud588\ub2e4. \uc77c\ubcf8\uc774 \uc5d4\ud654 \ucd94\uac00 \uc57d\uc138\ub97c \ub9c9\uae30 \uc704\ud574 \ub300\uc751\uc5d0 \ub098\uc124 \uc218 \uc788\ub2e4\ub294 \uad00\uce21\uc774 \ub098\uc624\uba74\uc11c \uc5d4\ud654\uac00 \ube44\uad50\uc801 \uacac\uc870\ud588\ub2e4. \uc77c\ubcf8\uc758 \uc678\ud658 \ub2f4\ub2f9 \uace0\uc704 \ub2f9\uad6d\uc790\uc778 \ubbf8\ubb34\ub77c \uc544\uc4f0\uc2dc(\u4e09\u6751\u6df3) \uc7ac\ubb34\uc131 \uc7ac\ubb34\uad00\uc740 \ud2b9\uc815 \uc218\uc900\uc744 \uac70\ub860\ud558\uac70\ub098 \uc2e4\uc81c \uc2dc\uc7a5 \uac1c\uc785(\uc815\ubd80\uac00 \uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c \uc9c1\uc811 \ub2ec\ub7ec\ub97c \ud314\uace0 \uc5d4\ud654\ub97c \uc0ac\ub294 \ub4f1\uc73c\ub85c \ud658\uc728\uc744 \uc6c0\uc9c1\uc774\ub294 \uc870\uce58)\uc744 \ud655\uc778\ud558\uc9c0\ub294 \uc54a\uc558\uc9c0\ub9cc, \ud22c\uae30\uc801 \uc6c0\uc9c1\uc784(\ub2e8\uae30 \ucc28\uc775\uc744 \ub178\ub9b0 \uacfc\ub3c4\ud55c \ub9e4\ub9e4)\uc5d0 \ub300\uc751\ud560 \uc900\ube44\uac00 \ub3fc \uc788\uc73c\uba70 \uc2dc\uc7a5\uc744 \ubaa8\ub2c8\ud130\ub9c1\ud558\uace0 \uc788\ub2e4\uace0 \ub9d0\ud588\ub2e4.<\/p>\n
\ud574\ub2f9 \ubc1c\uc5b8\uc740 \ucd5c\uadfc \uc7ac\ubb34\uc131 \uacbd\uace0 \uc774\ud6c4 \ub098\uc628 \uac83\uc774\ub2e4. \uac00\ud0c0\uc57c\ub9c8 \uc0ac\uc4f0\ud0a4 \uc7ac\ubb34\uc0c1\ub3c4 \uacfc\ub3c4\ud55c \ud22c\uae30\uc5d0 \ub300\uc751\ud560 \uc900\ube44\uac00 \ub3fc \uc788\ub2e4\uace0 \uc7ac\ucc28 \uac15\uc870\ud588\ub2e4. \ucd5c\uadfc USD\/JPY\uc758 \uae09\uaca9\ud55c \ubcc0\ub3d9\uc740 \ub2f9\uad6d\uc758 \uac1c\uc785 \uc2e0\ud638\ub85c \ud574\uc11d\ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4.<\/p>\n
\uc77c\ubcf8\uc740\ud589\uc758 3\uc6d4 \ud68c\uc758\ub85d\uc5d0 \ub530\ub974\uba74, \uc5ec\ub7ec \uc704\uc6d0\uc740 \ubbf8\uad6d-\uc774\ub780 \uc804\uc7c1\uacfc \uc5f0\uacc4\ub41c \uc5d0\ub108\uc9c0 \ucda9\uaca9(\uc6d0\uc720\u00b7\uac00\uc2a4 \ub4f1 \uc5d0\ub108\uc9c0 \uac00\uaca9 \uae09\ub4f1)\uc774 \uc9c0\uc18d\ub418\uace0 2\ucc28 \ubb3c\uac00 \uc0c1\uc2b9(\uc5d0\ub108\uc9c0\ubc1c \ubb3c\uac00 \uc0c1\uc2b9\uc774 \uc784\uae08\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9 \ub4f1 \ub2e4\ub978 \uac00\uaca9\uc73c\ub85c \ubc88\uc9c0\ub294 \ud604\uc0c1)\uc73c\ub85c \uc774\uc5b4\uc9c8 \uacbd\uc6b0 \uae08\ub9ac \ucd94\uac00 \uc778\uc0c1 \uc5ec\uc9c0\uac00 \uc788\ub2e4\uace0 \ubd24\ub2e4. \uc77c\ubd80\ub294 \u2018\uc2e4\uc9c8\uae08\ub9ac\u2019(\uba85\ubaa9\uae08\ub9ac\uc5d0\uc11c \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \ube80 \uac12)\uac00 \ud06c\uac8c \ub9c8\uc774\ub108\uc2a4\uc778 \uc0c1\ud0dc\ub97c \uc870\ub9cc\uac04 \ub2e4\ub904\uc57c \ud55c\ub2e4\ub294 \uc758\uacac\ub3c4 \uc81c\uc2dc\ud574, 6\uc6d4 \uc778\uc0c1 \uac00\ub2a5\uc131 \uc804\ub9dd\uc744 \ub4b7\ubc1b\uce68\ud588\ub2e4.<\/p>\n
\uc774\uc81c \uc2dc\uc7a5\uc758 \uc2dc\uc120\uc740 \ubbf8\uad6d \uc9c0\ud45c\ub85c \uc62e\uaca8\uac04\ub2e4. \uae08\uc694\uc77c \ubc1c\ud45c\ub420 4\uc6d4 \ube44\ub18d\uc5c5\ubd80\ubb38 \uace0\uc6a9(NFP\u00b7\ub18d\uc5c5\uc744 \uc81c\uc678\ud55c \uc2e0\uaddc \uace0\uc6a9\uc790 \uc218)\uc740 6\ub9cc \uba85, \uc2e4\uc5c5\ub960\uc740 4.3%\uac00 \uc608\uc0c1\ub41c\ub2e4. \ub9e4\uc8fc \ubc1c\ud45c\ub418\ub294 \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c \uac74\uc218(\uace0\uc6a9 \ub454\ud654 \uc5ec\ubd80\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uc8fc\uac04 \uc9c0\ud45c)\ub3c4 \ubaa9\uc694\uc77c \ub2a6\uac8c \uacf5\uac1c\ub41c\ub2e4.<\/p>\n
\ubbf8\uad6d \ub2ec\ub7ec\uc778\ub371\uc2a4(DXY\u00b7\uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac15\ub3c4\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\ub294 97.90\uc120 \ubd80\uadfc\uc758 2\uac1c\uc6d4 \uc800\uc810\uc5d0\uc11c \uac70\ub798\ub410\ub2e4. \uc2dc\uc7a5\uc740 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \ub354 \uc644\ud654\uc801\uc778 \ud1b5\ud654\uc815\ucc45(\uae08\ub9ac \uc778\ud558 \ucabd\uc73c\ub85c \uae30\uc6b8\uac70\ub098 \uae34\ucd95\uc744 \ub35c \ud558\ub294 \ubc29\ud5a5)\uc744 \ucde8\ud560 \uac00\ub2a5\uc131\uc744 \ubc18\uc601\ud558\uace0 \uc788\ub2e4.<\/p>\n
USD\/JPY\uac00 \ub2f9\uad6d\uc774 \ubd88\ud3b8\ud574\ud560 \ub9cc\ud55c \uc218\uc900\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\uc5b4 \ud5a5\ud6c4 \uba87 \uc8fc\uac04 \uae34\uc7a5\ub41c \ud658\uacbd\uc774 \uc870\uc131\ub420 \uc218 \uc788\ub2e4. \uadfc\ubcf8 \ubc30\uacbd\uc740 \ubbf8\uad6d \uae08\ub9ac\uac00 \uc77c\ubcf8\ubcf4\ub2e4 5%\ud3ec\uc778\ud2b8 \uc774\uc0c1 \ub192\uc740 \ud070 \uaca9\ucc28\ub2e4. \uc774\ub7f0 \uad6c\uc870\uc801 \uc555\ub825\uc774 \uc0c1\uc2dc\uc801\uc778 \uac1c\uc785 \uacbd\uacc4\uac10\uacfc \ucda9\ub3cc\ud558\uba74\uc11c, \uc635\uc158 \ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub418\ub294 \ud5a5\ud6c4 \uac00\uaca9 \ubcc0\ub3d9 \uae30\ub300\uce58)\uc774 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uace0 \uc788\ub2e4.<\/p>\n
2025\ub144 \ud658\uc728\uc774 158\uc120\uc5d0 \uc811\uadfc\ud558\ub358 \ub2f9\uc2dc\uc5d0\ub3c4 \ub2f9\uad6d \uacbd\uace0\uac00 \ub098\uc654\ub2e4\ub294 \uc810\uc744 \ub5a0\uc62c\ub9b4 \ud544\uc694\uac00 \uc788\ub2e4. \ud604\uc7ac\ub294 \uadf8\ubcf4\ub2e4 \ub192\uc740 \uc218\uc900\uc5d0\uc11c \uc6c0\uc9c1\uc774\uace0 \uc788\uc5b4 \uacbd\uacc4\uac10\uc740 \ub354 \ucee4\uc84c\uc73c\uba70, \ub2f9\uad6d\uc774 \uc62c\ud574 \uc774\ubbf8 \uac1c\uc785\ud588\uc744 \uac00\ub2a5\uc131\ub3c4 \uac70\ub860\ub41c\ub2e4. \uacfc\uac70 \uc0ac\ub840\ub97c \ubcf4\uba74(\uc608: 2024\ub144 \uc218\uc77c\uac04 \uc57d 9\uc8708\ucc9c\uc5b5 \uc5d4\uc744 \ud22c\uc785\ud55c \uac83\uc73c\ub85c \ucd94\uc815\ub418\ub294 \uac1c\uc785), \uac1c\uc785\uc774 \ubc1c\uc0dd\ud560 \uacbd\uc6b0 USD\/JPY\uac00 \ub2e8\uae30\uac04\uc5d0 5~7\uc5d4 \uae09\ub77d\ud560 \uc218 \uc788\ub2e4.<\/p>\n
\uc77c\ubcf8\uc740\ud589\uc740 2025\ub144 \ud68c\uc758\uc5d0\uc11c \uc2dc\uc0ac\ub41c \ub300\ub85c \uae08\ub9ac \uc778\uc0c1\uc744 \uc2dc\uc791\ud588\uc9c0\ub9cc, \uc18d\ub3c4\uac00 \ub290\ub824 \ubbf8\uad6d\uacfc\uc758 \uaca9\ucc28\ub97c \ud06c\uac8c \uc881\ud788\uc9c0\ub294 \ubabb\ud588\ub2e4. \uc774\ub294 \uac1c\uc785\ub9cc\uc73c\ub85c\ub294 \uc77c\uc2dc\uc801 \ucc98\ubc29\uc5d0 \uadf8\uce58\uba70, \ucd94\uc138\ub97c \uc644\uc804\ud788 \ub4a4\uc9d1\uae30 \uc5b4\ub835\ub2e4\ub294 \uc810\uc744 \ubcf4\uc5ec\uc900\ub2e4. \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uae08\uc735\uc0c1\ud488) \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 155 \ub4f1 \uc8fc\uc694 \uc9c0\uc9c0\uc120 \uc544\ub798\uc5d0\uc11c \uc678\uac00\uaca9(out-of-the-money\u00b7\ud604\uc7ac \uac00\uaca9 \uae30\uc900\uc73c\ub85c \ub2f9\uc7a5 \ud589\uc0ac\ud574\ub3c4 \uc774\uc775\uc774 \ub098\uc9c0 \uc54a\ub294) \uc5d4\ud654 \ucf5c(\uc5d4\ud654 \uac15\uc138\uc5d0 \ubca0\ud305\ud558\ub294 \uc635\uc158, USD\/JPY \ud48b\uacfc \ub3d9\uc77c)\uc744 \ub9e4\ub3c4\ud558\ub294 \uc804\ub7b5\uc774 \uac00\ub2a5\ud558\ub2e4\ub294 \ud574\uc11d\ub3c4 \ub098\uc628\ub2e4. \uc989, \uad6c\uc870\uc801 \uc0c1\ubc29 \uc555\ub825\uc774 \ub2e4\uc2dc \uc791\ub3d9\ud560 \uac83\uc5d0 \ubca0\ud305\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n
2025\ub144 \ub2f9\uc2dc\uc640 \ub2ec\ub9ac 2026\ub144 \ubbf8\uad6d \uace0\uc6a9\uc9c0\ud45c\ub294 \uacac\uc870\ud558\ub2e4. \ubbf8\uad6d \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 3% \uc704\uc5d0\uc11c \uc798 \ub0b4\ub824\uc624\uc9c0 \uc54a\uace0(\ub048\uc801\ud55c \uc778\ud50c\ub808\uc774\uc158), \uace0\uc6a9 \uc99d\uac00\ub3c4 \uc720\uc9c0\ub418\uba74 \uc5f0\uc900\uc774 \uc11c\ub458\ub7ec \uae08\ub9ac\ub97c \ub0b4\ub9b4 \uc774\uc720\ub294 \uc904\uc5b4\ub4e0\ub2e4. \uadf8 \uacb0\uacfc \ud070 \ucda9\uaca9\uc774 \uc5c6\ub2e4\uba74 USD\/JPY\uac00 \uc758\ubbf8 \uc788\uac8c, \uc9c0\uc18d\uc801\uc73c\ub85c \ud558\ub77d\ud558\ub294 \ud750\ub984\uc740 \uc81c\ud55c\uc801\uc77c \uc218 \uc788\ub2e4.<\/p>\n
\uc774 \uac19\uc740 \ub300\uce58 \uad6d\uba74\uc5d0\uc11c\ub294 \uae09\uaca9\ud55c \ubcc0\ub3d9 \uc704\ud5d8\uc744 \uad00\ub9ac\ud560 \uc218\ub2e8\uc73c\ub85c \uc635\uc158\uc744 \uc810\uac80\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \ub2e8\uae30 \uc678\uac00\uaca9 USD\/JPY \ud48b\uc744 \ub9e4\uc218\ud558\uba74 \uac1c\uc785\uc73c\ub85c \uc778\ud55c \uae09\ub77d \uc2dc \uc218\uc775 \uae30\ud68c\ub97c \ub178\ub9b4 \uc218 \uc788\uc9c0\ub9cc, \ubcc0\ub3d9\uc131\uc774 \ub192\uc544 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9)\uc774 \ube44\uc2f8\ub2e4\ub294 \ub2e8\uc810\uc774 \uc788\ub2e4. \ub300\uc548\uc73c\ub85c \ud48b \uc2a4\ud504\ub808\ub4dc(\ud589\uc0ac\uac00\uac00 \ub2e4\ub978 \ud48b\uc744 \ud568\uaed8 \ub9e4\uc218\u00b7\ub9e4\ub3c4\ud574 \ube44\uc6a9\uc744 \uc904\uc774\ub294 \uad6c\uc870)\ub97c \uc4f0\uba74 \ube44\uc6a9\uc740 \ub0ae\uc544\uc9c0\uc9c0\ub9cc \uc218\uc775 \uc0c1\ud55c\uc774 \uc0dd\uaca8, \ub2e8\uae30 \ud558\ub77d\uc5d0 \uc81c\ud55c\ub41c \uc704\ud5d8\uc73c\ub85c \ubca0\ud305\ud558\ub294 \ubc29\uc2dd\uc774 \ub41c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201c156\uc5d4 \ubc29\uc5b4\uc804\u201d \uaca9\ud654\u2026\u65e5\ub2f9\uad6d, \ud22c\uae30 \ub300\uc751\u00b7\uac1c\uc785 \uacbd\uace0\uc5d0 \uc5d4\ud654 \uacac\uc870. BOJ \ucd94\uac00 \uc778\uc0c1 \uc2e0\ud638, \uc2dc\uc7a5\uc740 \u7f8eNFP \uc8fc\uc2dc. \uae08\ub9ac\uaca9\ucc28 \uc18d \uc635\uc158 \ubcc0\ub3d9\uc131\u00b7\uae09\ub77d \ub9ac\uc2a4\ud06c \ubd80\uac01.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-46413","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=46413"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46413\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}